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Post by liane on Oct 24, 2013 15:09:59 GMT -5
So... short interest has actually increased.
53,242,447 as of 10/15, up from 51,276,337 on 10/1.
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Post by babaoriley on Oct 24, 2013 15:36:31 GMT -5
But so has the price of the stock!
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Post by bobw on Oct 24, 2013 15:50:53 GMT -5
... and, considering warrant exercise, as a percentage of the float, short interest has decreased.
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Post by liane on Nov 11, 2013 16:08:34 GMT -5
Short interest down a bit:
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
10/31/2013 46,576,543 4,141,483 11.246344
10/15/2013 53,242,447 6,471,838 8.226789
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Post by MnkdMainer (MM) on Nov 11, 2013 22:36:19 GMT -5
But so has the price of the stock! Not for the dates listed. The price fell from 10/1 to 10/15, when the short interest rose. |
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Post by MnkdMainer (MM) on Nov 11, 2013 22:41:03 GMT -5
Short interest down a bit: Settlement Date Short Interest Avg Daily Share Volume Days To Cover 10/31/2013 46,576,543 4,141,483 11.246344 10/15/2013 53,242,447 6,471,838 8.226789 Despite this, the share price fell. Why? I think it was the warrant exercise, which dumped 15-20 million additional shares into the float. I am concerned that we will see more shares added with the ATM financing that Matt said will be used (in part) to pay the $115 million due on Dec. 15th. |
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Post by MnkdMainer (MM) on Nov 11, 2013 22:43:55 GMT -5
Clearly, the shorts took advantage of those additional shares to cover at a lower price. I expect the same scenario to play out as we approach Dec. 15th.
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Post by mdcenter61 on Nov 12, 2013 11:01:16 GMT -5
But so has the price of the stock! Not for the dates listed. The price fell from 10/1 to 10/15, when the short interest rose. Hence, the "Lily Munster" hit piece since then. |
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Post by brentie on Nov 12, 2013 13:18:31 GMT -5
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Post by mdcenter61 on Nov 12, 2013 15:05:13 GMT -5
Ha! The Dude would like a hit off that torpedo you've got in your avatar, Cheech, to put me to sleep until April 2014. |
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